Jaded Associate

Full time non-deal team PE guy. Part time degenerate sports better. Bitcoin.

[naiive @naiivememe]

" bull market is over, time to sell everything "

[Mac @MacMiller]

Be you.

You’ll be fine.

[💙🌊 Zero Dark Twenty-Nine 🌊🌊🖋️🧫 @herotimeszero]

I just spent $80 to fill up my car. A small price to pay to keep the Epstein files hidden.

[Zach Rynes | CLG @ChainLinkGod]

I believe the bull case for $LINK is straightforward, I would distill the thesis down to:

1. Chainlink continues to expand its dominant market share as the critical infra platform powering the most important crypto use cases (institutional DeFi, RWA tokenization, prediction markets, stablecoins, etc)

2. Growing demand for Chainlink's data, interop, privacy, compliance, & orchestration services leads to increasing demand for LINK tokens (native payments, programmatic buybacks, staking collateral, etc)

3. LINK is a digital commodity whose total supply is capped at 1 billion, meaning when growing demand combined with expanding supply sinks outpaces available on-market supply → buyers must raise their bids to find a willing seller

4. All 1 billion LINK tokens can only be acquired from someone who already owns it, no new units can be printed → demand-drive scarcity becomes an inherent property of the asset

In short, the thesis is that $LINK becomes increasingly scarce as the value that the Chainlink platform generates is captured by the token

Naturally, this story will need to prove itself over time, job's not done

But the hardest part is not perfecting the economics today (this can always be fine-tuned), it's becoming the indispensable industry standard whose value is unquestionable. The economics will naturally flow from there

As former Google CEO Eric Schmidt put it at Chainlink's SmartCon 2022: "Give me a hundred million users, and I will find a way to monetize them"

[John Hyslop @sloprules]

Gambling isn't your problem. Being bad at it is your problem. Lock in.

[Ramp Capital @RampCapitalLLC]

Bitcoin is dead

[Crypto Jebb @CryptoJebb]

Prediction:

1. Bitcoin will break $75k.
2. Bitcoin will fall towards $60k.
3. Everyone will think Bitcoin is dead.
4. Really smart investors will buy the dip.
5. Bitcoin dips one last time and even the smart investors wonder if they've gone insane.
6. The smart investors also sell.
7. Bitcoin bottoms.
8. The psychopaths buy Bitcoin.
9. Bitcoin rallies to $250k next cycle.
10. The psychopaths get rich.

[Ben Hart @BenHart_Freedom]

A lot of people are asking me about the recent #Bitcoin price drop.

ANSWER: Bitcoin is behaving as it always behaves. Zoom out. I don't worry about it. All you really need to know is . . .

1) There will never be more than 21 MILLION Bitcoins for 8 Billion people. (19.9 Million have been mined, which means only 1.1 Million left to mine).

2) Bitcoin is the only truly decentralized money or crypto asset -- meaning Bitcoin is not controlled by anyone or any small group. It operates on its own autonomously in accordance with a fixed set of rules.

3) Because of Point 2, Bitcoin is unconfiscatable and uncensorable if you self-custody.

4) There are more possibilities for private key codes than there are atoms in the known universe.

5) Bitcoin is the only asset class that enables you to move your wealth with a few key strokes without permission of a third party. (You can't move real estate. And find out what happens if you try to carry your gold bar across a border or through an airport.)

6) These price corrections are healthy because they crush the rest of Crypto -- 99.9% of which are scams.

[Jaded Associate @Reposadonrocks]

@CobyValentine24 ML parlays to avoid the bad beats?

[EllioTrades @elliotrades]

Altcoins every time Bitcoin drops .00001%

[𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 @el_crypto_prof]

#Altcoins

I think we are at the point of capitulation. People are losing hope more and more.

But don't forget the big picture.

[Benjamin Allbright @AllbrightNFL]

They aren’t tariffs “on Canada and Mexico and China” they’re tariffs on goods from those countries which are paid by you, the US consumer, not anyone from any of those countries.

Congratulations on voting to make everything more expensive for absolutely no reason.

[Boring_Business @BoringBiz_]

This is a pretty insane chart. 92% of US private equity LBOs are now done with private credit instead of bank debt

[John Fadule @fadule_]

Things that are in:

-Lifting weights
-Dive bars
-Having a hot wife
-Eating healthy 90% of the time
-Girls with good bodies
-Pregaming with the right people all night instead of rotting your soul in nightclubs with people you don’t like or trust
-Not wearing condoms (you should only be sleeping with girls you don’t feel the need to wear a condom with)
-Encouraging little kids to punch bullies in the face

Things that are out:

-Complaining
-Being a victim
-Calling yourself a “hopeless romantic” (yikes)
-Leaking your boys’ secrets for social gains
-Arguing with anyone besides your 5 closest friends
-Guys who spend too much time with their girlfriend (unhealthy)
-Bickering about who owes each other exactly what on a dinner bill
-Following Instagram models/liking their pictures (insane)
-Making weed your personality
-Making running your personality
-Settling for a girlfriend you aren’t fired up about (if you don’t fantasize about living with her in Ancient Rome she’s not the one)

[naiive @naiivememe]

Deepseek engineers getting a $5K bonus after wiping out $1 trillion in the market

[Weed Porn @WeedPorns]

Finally

[The Rabbit Hole @TheRabbitHole]

Mass deportations have begun